New Delhi: Today’s startups are tomorrow’s multinational companies. Scope is growing for startups ranging from farming to space sector. Prime Minister Modi said this on Saturday. He was addressing the event after laying the foundation stone of the permanent campus of IIM-Sambalpur (Odisha) via video conferencing.
At the event, the PM said, ‘Today’s startups are tomorrow’s multinational companies. Most of the startups are coming in tier-2 and tier-3 cities of the country. Scope for startups is increasing from the agricultural sector to the space sector.
Modi said the new campus of IIM Sambalpur will give Odisha a new identity in the world of management education with proper recognition of the state’s great culture and resources.
Modi said, “Despite the COVID-19 crisis the country has given more unicorns this year than the previous years.”
Country had 13 IIMs in 2014 and 20 now, and this talent pool can expand the scope and boost the mission of creating a self-reliant India, he said.
PM Modi said, “Last few decades saw Multinational Corporations from abroad do business and prosper in India but this decade will belong to the Indian MNCs.”
“The work from anywhere concept have turned the world into a global village. India has undertaken rapid reforms in recent months and tried not only to keep pace with the changes but also to anticipate and adapt to them,” he said.
Speaking about the role students could play in making the “local rise to the global” level, he asked them to work on ideas to improve tourism in the light of the immense potential for it in Sambalpur and also promote its textile, tribal art and craft.